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Topics: Economy, Finance

  • Nidec Advances Global Transformation with Enhanced Operating Model and Leadership Appointments

    Enhanced operating model aligns global leadership, regional execution, and business performance to accelerate growth and deliver greater value for customers.
    St. Louis, Mo. – July 9, 2026 – Nidec, a global leader in electric motors, drives, and controls, announced the next phase of its global transformation with the introduction of an enhanced operating model and leadership structure designed t

  • Nidec Announces Financial Results for Fiscal Year Ended March 31, 2022

    Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the fiscal year ended March 31, 2022.
    The highlights are as follows:
    Net sales stood at a record high of ¥1,918.2 billion, 18.5% higher Y/Y. Operating profit and profit before income taxes increased 7.2% Y/Y to ¥171.5 billion, 1

  • Nidec announced its first-quarter financial results and the mid-term strategic goal Vision2025

    Nidec Corporation ― the world's No.1 comprehensive motor manufacturer ― announced its first-quarter financial results and the mid-term strategic goal Vision2025.
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    Summary of Q1 FY2021
    Net sales stood at a record high of ¥447.5 billion, 32.8% higher Y/Y. Operating profit significantly increased 60.3% Y/Y to ¥44.6 billion. Q1 quarterly op

  • Nidec Founder Nagamori Talks about the Company’s Financial Situation and Strategy Moving Forward

    Following the announcement of Nidec’s financial results for the fiscal first half of 2018, the company’s founder and chairman, Shigenobu Nagamori, met with investors in Tokyo to discuss the company’s financial situation and its strategy moving forward. Nidec recently recorded its highest net sales and operating profit, among other figures, on a first-half and quarterly basis.